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Mar 21, 2013
03/13
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. >> neil: the point is detroit d. >> detroit has been going downhill since then 1950s. it had a million and a half plows people at one point. now it's hundred thousand. the citizens of detroit deserve a better. a. >> neil: when they talk about this being a hostile takeover, the one thing they fear, governor -- you can educate me -- that you're setting detroit up for bankruptcy filing. >> again, that's one tool in the tool kit. >> neil: would you be open to that? >> i wouldn't take that off the table. that's one hoff the tools that is available. my preference -- i know the reference of the emergency manager, kevyn orr, is to get people around the table and negotiate this out. everyone knows there needs to be vetter solutions shep solution is to grow the city and begin biz better services, short-term cash management, long-term liability repayment plan that works. and instead of people arguing about the past -- >> neil: obviously you're a very smart negotiator, you know when you're saying the bankruptcy word your signaling you have toll compromise because the next alternat
. >> neil: the point is detroit d. >> detroit has been going downhill since then 1950s. it had a million and a half plows people at one point. now it's hundred thousand. the citizens of detroit deserve a better. a. >> neil: when they talk about this being a hostile takeover, the one thing they fear, governor -- you can educate me -- that you're setting detroit up for bankruptcy filing. >> again, that's one tool in the tool kit. >> neil: would you be open to that?...
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Dec 3, 2013
12/13
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detroit -- it's a tragedy in detroit. not a good option. but at times it can be the only option and what you're seeing in california is smart guys like mayor chuck reed trying to get out in front of it and say, we better restructure the pensions now or else we're going end up like detroit, and it's going to be one or the other. >> thank you, my friend. just to help people understand what is go on, when a city files for bankruptcy, all of those creditors stand in line. and they all, in the case of public workers, then have to see how much of a haircut they're getting, whether the pension they're prom hissed will be paid at 90%, 50%. anyway way to plow. my decision is a big blow to unions trying to hold on to the power. charles payne says that could be a big win for the u.s. economy going forward. explain. >> we know the human toll. you heard the mayor bing talk about it. kevyn orr talked about it. no doubt. human beings lives are at stake and promises were made. but you have -- and dive just mentioned the previous guest, this unhoe live alli
detroit -- it's a tragedy in detroit. not a good option. but at times it can be the only option and what you're seeing in california is smart guys like mayor chuck reed trying to get out in front of it and say, we better restructure the pensions now or else we're going end up like detroit, and it's going to be one or the other. >> thank you, my friend. just to help people understand what is go on, when a city files for bankruptcy, all of those creditors stand in line. and they all, in the...
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Jul 19, 2013
07/13
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and detroit, 101. tomorrow, that changes for you. so today is your last day there look at what happens on the trend near new york city. you can say the same for boston, philly, and d.c. today this last warm day. tomorrow is above 90 and we are going be to right around 8 4. but we'll have big showers. this is a look at the next 48 hours. red on the map. that's he high temperatures. the yellow is cooler, and then the green, where the rain is. so this afternoon, the cold front dips down through chicago and detroit. going to be seeing showers or thunderstorms, maybe a little severe weather tomorrow morning, and then goes to tomorrow evening, big storms from boston, through new york and d.c., still feeling warm, but by the time we get in towards the day on sunday, the front goes through d.c. and we'll be feeling into the 80s, even 70s for some people. but overall, one more day to get through. it's saturday. stay inside, go to the mall, do something. >> go to the mall. >> sunday is better. >> 70s seems frigid. thanks for the good advice. >
and detroit, 101. tomorrow, that changes for you. so today is your last day there look at what happens on the trend near new york city. you can say the same for boston, philly, and d.c. today this last warm day. tomorrow is above 90 and we are going be to right around 8 4. but we'll have big showers. this is a look at the next 48 hours. red on the map. that's he high temperatures. the yellow is cooler, and then the green, where the rain is. so this afternoon, the cold front dips down through...
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Jul 26, 2013
07/13
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taxpayer in kansas has to bail out detroit? >> because the entire american economy -- there's an -- germans are furious hey have the to chip in more tax dollars to help spain and italy but the entire european union benefits and it's important that a great american city -- >> i'm sympathetic. >> we're not saying they're not a great american city. we're saying they did everything completely wrong. >> i'm sympathetic to the workes but they have been robbed by their politics, their union lieders, been lied to kindly for years and yearses. we have all known the pension systems are unsustainable. the bigger problem is detroit has a history of picking winners and losers, and this is a city with the highest income tax in the state, the highest property tax in the country, we have a side rife with crime, fails schools and debt. we have to let it fail and hopefully someone hill pick up the peas. >> you look at dallas and other cities doing things right, they don't have a city income tax and their property tacks are lower than trying. >>
taxpayer in kansas has to bail out detroit? >> because the entire american economy -- there's an -- germans are furious hey have the to chip in more tax dollars to help spain and italy but the entire european union benefits and it's important that a great american city -- >> i'm sympathetic. >> we're not saying they're not a great american city. we're saying they did everything completely wrong. >> i'm sympathetic to the workes but they have been robbed by their...
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Jul 18, 2013
07/13
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1950, detroit had a population of 1,850,000. today the population is a little over 650,000. the income tax came into michigan in 1970 under governor romney and this state has literally imploded. the first of many that will happen because you couldn't get the unions to agree to get rid of the pensions, and the only way you can have authority over them is if you declare bankruptcy, and it's happening right now. this is not the last, by the way. >> so what is the ripple effect, art? all those bondholders and all the investors in the city of detroit. what happens? >> that it watched to do was make the bond holders pay all of it and lose everything and keep the pensions going and that agreement wouldn't come about. so, that's why they had to go into bankruptcy and do their settlement. i don't know the end result but all cards are on the table right now as to what will be done to bring the city back to into prosperity, and it's going to take a long time. my hats off too rick snyder. he got michigan to be a right to work state. >> can
1950, detroit had a population of 1,850,000. today the population is a little over 650,000. the income tax came into michigan in 1970 under governor romney and this state has literally imploded. the first of many that will happen because you couldn't get the unions to agree to get rid of the pensions, and the only way you can have authority over them is if you declare bankruptcy, and it's happening right now. this is not the last, by the way. >> so what is the ripple effect, art? all...
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Jul 23, 2013
07/13
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we need to focus on a way forward for detroit. we have seen people say we need to attract businesses like google to come in and create thousands of jobs. we need to clear the decks and start again in a hopeful position. we've seen leaders come out and say detroit has been in a decline for 50 years. it's time to really reset the whole thing. >> google should do detroit as a google fiber city. >> we can all agree that we feel for those retirees who are probably not going to get what they were promised. i think we can agree on that. >> we shouldn't have a governor fighting to go against his own constitution. >> you got the last word. >> she's good at that. well done. >> both of you, thank you very much indeed. >>> want to speed up those pat downs? all you need to do is pay up. then, forget hurrah for hollywood. why the president thinks hollywood will get people saying hurrah for his health care law. really? did you know, your eyes can lose vital nutrients as you age? [ male announcer ] that's why there's ocuvite to help replenish key
we need to focus on a way forward for detroit. we have seen people say we need to attract businesses like google to come in and create thousands of jobs. we need to clear the decks and start again in a hopeful position. we've seen leaders come out and say detroit has been in a decline for 50 years. it's time to really reset the whole thing. >> google should do detroit as a google fiber city. >> we can all agree that we feel for those retirees who are probably not going to get what...
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Aug 1, 2013
08/13
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the average negligence detroit -- average pension in detroit is $19,000. hardly lavish. the pensions and i would argue we have to save detroit. >> neil: a lot of cities in line. i'm not blaming unions. a lot of inept imaginer -- managers that let his happened but unfunded high schools that can't -- unopportunitied liabilities. you have a host of other u.s. cities in arrears, a number of states on the brink. where do you draw the line? >> the problem in detroit is similar to other stays and that's a conscious effort to deindustrialize america. these are primarily industrial cities. and when we moved production offshore, we lost good-paying jobs -- >> neil: i understand that but it happened. we can blame a lot of people. but it's done. now what do you do to correct that? >> and we lost two-thirds of the population. there's no enter prize in america that can do well,. >> neil: where is the money going to come from? >> we bailed out the banks. and those folks are doing better now than they've ever been. >> neil: bailed out the auto company. >> we gave them a bridge loan. so
the average negligence detroit -- average pension in detroit is $19,000. hardly lavish. the pensions and i would argue we have to save detroit. >> neil: a lot of cities in line. i'm not blaming unions. a lot of inept imaginer -- managers that let his happened but unfunded high schools that can't -- unopportunitied liabilities. you have a host of other u.s. cities in arrears, a number of states on the brink. where do you draw the line? >> the problem in detroit is similar to other...
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Jun 18, 2013
06/13
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this much we do know, detroit is on the brink. >> detroit is going, it's done. >> neil: in seeing you again even under these circumstances. calls it like he sees it. the nsa finally spoke. did congress choke? why the judge calls the hearings a big joke. ♪ ♪ ♪ [ male announcer ] if you can't stand the heat, get off the test track. get the mercedes-benz you've been burning for at the summer event, going on now at your authorized mercedes-benz dealer. hurry, before this opportunity cools off. >>> does the nsa have the ability to listen to americans' phone calls or read their e-mails under these two programs? >> no, we to not have that authority. >> my friend the judge was watching that exchange today and he was hurling his lunch at the tv set, but what did you think of that? >> if it were in my courtroom, i would have said general, answer the question. question, does the nsa have the ability to listen to phone calls. answer, it is not in our authority. of course he doesn't have the legal authority to answer the phone calls. that's not the question asked. the question asked does he
this much we do know, detroit is on the brink. >> detroit is going, it's done. >> neil: in seeing you again even under these circumstances. calls it like he sees it. the nsa finally spoke. did congress choke? why the judge calls the hearings a big joke. ♪ ♪ ♪ [ male announcer ] if you can't stand the heat, get off the test track. get the mercedes-benz you've been burning for at the summer event, going on now at your authorized mercedes-benz dealer. hurry, before this...
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Sep 27, 2013
09/13
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why bail out detroit? the taxpayer has nothing but pain and a trail of tears when the federal government steps in and offers money that it simply does not have and cannot afford to have in order to reward detroit for fiscal mismanagement. >> looking at this and started saying, not going to lead to a bailout, and i know of 18 u.s. cities that are right now on the brink. let's say each one of them required this 300 million to get through the hump sort of thing. you can do the math here. and if it sets up an expectation that the city, the district, the municipality will have uncle sam help them as they try to get up on their feet, then there will be established an expectation that the government -- >> you're exactly right, neil. this is not just about detroit. this is about central falls, red, jefferson county, alabama, chicago, atlanta, san bernardino, stockton, this is happening all over the country, and the crazy thing is we don't know the extent of the liability. in detroit's case they had to forensic acc
why bail out detroit? the taxpayer has nothing but pain and a trail of tears when the federal government steps in and offers money that it simply does not have and cannot afford to have in order to reward detroit for fiscal mismanagement. >> looking at this and started saying, not going to lead to a bailout, and i know of 18 u.s. cities that are right now on the brink. let's say each one of them required this 300 million to get through the hump sort of thing. you can do the math here. and...
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Nov 5, 2013
11/13
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detroit, kwame kilpatrick. 28 years now in the slammer. could we complete the hat trick with yet another fool? after this. huh, fifteen minutes could save you fifteen percent or more on car insurance. everybody knows that. well, did you know that when a tree falls in the forest and no one's around, it does make a sound? ohhh...ohhh...oh boy! i'm falling. everybody look out! ahhhhh...ugh. little help here. geico. fifteen minutes could save you...well, you know. anybody? >> the first day of own reasonment for obamacare, only six people signed up. they're sleepy, bashful, and -- well, that's according to the 'web site, dopey. >> we're told that snow white could not log in herself. forget problems logging in. should we worry more about who is buying is? that the seven dwarfs. and that could send prices soaring for everyone. kate rogers is here to tell us why. can't get the young people in, big problems. >> young people are so essential to making the law work but "the wall street journal" warm reporting on kentucky's exchange, november 1 income
detroit, kwame kilpatrick. 28 years now in the slammer. could we complete the hat trick with yet another fool? after this. huh, fifteen minutes could save you fifteen percent or more on car insurance. everybody knows that. well, did you know that when a tree falls in the forest and no one's around, it does make a sound? ohhh...ohhh...oh boy! i'm falling. everybody look out! ahhhhh...ugh. little help here. geico. fifteen minutes could save you...well, you know. anybody? >> the first day of...
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Jun 17, 2013
06/13
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>> detroit is a basket case. i was critical of meredith whit by the when she talked about mew minimals felting. -- municipalities, and you have places like detroit -- they have the highest tax rate in michigan. both person income tax and property tax. they have no business, no economic growth. it sounds like greece, and it's in detroit. here's the thing. this has been going on for 20 years. i mean, if anybody knew there was one basket case out there ready to implode it was detroit, and you look at other cities that did the opposite of detroit. you look at philadelphia in the early to mid-1990s. i worked as a bond buyer there. they were heading in that direction. new york city had a fiscal collapse in the '70s, bailed out by deposit management from the state, from the. city, ed koch. then rudy julian any came insuring of rudy giuliani came in, cut taxes. >> neil: thank you very much. forget where the irs started targeting. my next guest says it's time to put a stop to the entire agency for good. >> americans for f
>> detroit is a basket case. i was critical of meredith whit by the when she talked about mew minimals felting. -- municipalities, and you have places like detroit -- they have the highest tax rate in michigan. both person income tax and property tax. they have no business, no economic growth. it sounds like greece, and it's in detroit. here's the thing. this has been going on for 20 years. i mean, if anybody knew there was one basket case out there ready to implode it was detroit, and...
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Jul 24, 2013
07/13
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>> well, because detroit really had no other option here. if you look at the situation, this is a city that had billions of dollars of debt they could not pay. in fact they can't pay their bills any longer. you cover companies every day. when company can't pay its bills it goes bankrupt. bankruptcy is not such a terrible option. it allows a company or in this case a city to hit the reboot button and started over again. why is this bad news for the unions? because they may be the big losers here because the big pensions, you get to rip up those contracts potentially and start renegotiating them all over again. >> stuart: do you think the dominos fall, detroit can abrogate union health care pension contracts, therefore, you think the model will be followed elsewhere? >> let me be precise on one point. we really don't know what a bankruptcy judge will decide. what the judge decided today is they can move forward about bankruptcy, but this idea of notion what happens with these contracts and with the big pension benefits, we don't know who is go
>> well, because detroit really had no other option here. if you look at the situation, this is a city that had billions of dollars of debt they could not pay. in fact they can't pay their bills any longer. you cover companies every day. when company can't pay its bills it goes bankrupt. bankruptcy is not such a terrible option. it allows a company or in this case a city to hit the reboot button and started over again. why is this bad news for the unions? because they may be the big...
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Jul 29, 2013
07/13
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and -- >> neil: that becomes in the floor, you use the detroit analogy. that was the same sort of motif there. we want more, more, more. >> they got more and more and more. promises were made. and it was a wonderful thing. but when with hit a few speed bumps in the economy, most of the country was able to regroup. detroit, those automobile companies good at bailouts from america, save ford. >> when we talk about minimum wage, we're saying mediocrity should be rewarded. don't get better. don't go to college. don't improve yourself go home and play video games until you go to work. have large families. there's no responsibility on you to do anything. we'll mange sure that corporate america keeps paying you more than you really should earn in a free market. that's backwardwards. you're cursing the person make sag an hour. >> in cities like washington, dc where there's a city council that demanded that big box retailers like wal-mart do the same, big box wal-mart said we're out of here. how realistic is that response? >> it's shocking. i looked at the people
and -- >> neil: that becomes in the floor, you use the detroit analogy. that was the same sort of motif there. we want more, more, more. >> they got more and more and more. promises were made. and it was a wonderful thing. but when with hit a few speed bumps in the economy, most of the country was able to regroup. detroit, those automobile companies good at bailouts from america, save ford. >> when we talk about minimum wage, we're saying mediocrity should be rewarded. don't...
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Dec 11, 2013
12/13
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>> also said that we immediate to propose solutions for detroit. so i was there last week talking about how we could help detroit bail themselves out by cutting their taxes dramatically. i proposed plan that would cut their taxes by $1.3 billion over the next ten years. without it apply to them but it would also apply to some impoverished areas in eastern kentucky as well as in louisville, in my state. this is a good plan and it is worth a discussion because it is so much better than a government stimulus. it is a free market stimulus. >> interesting. rand paul, always interesting having you. thank you very much. >>> you see the latest polls. should democrats be worrying? you see their latest rants. >>> is trust a must? if it is, this might not be good news with the president because a new poll shows 52% do not think that trustworthy. is there any way the president can turn that around? it can be done but it is tough. pat, at this stage, how tough? >> it is very tough. because it is the, you know, it is one quality for most presidents that is the l
>> also said that we immediate to propose solutions for detroit. so i was there last week talking about how we could help detroit bail themselves out by cutting their taxes dramatically. i proposed plan that would cut their taxes by $1.3 billion over the next ten years. without it apply to them but it would also apply to some impoverished areas in eastern kentucky as well as in louisville, in my state. this is a good plan and it is worth a discussion because it is so much better than a...
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Dec 9, 2013
12/13
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look at detroit. a very ominous story there about pensions, about the affordability of pensions, about an exodus of people, two million, down to 700,000 people in 25 years. generational theft. all ties into the same thing, entitlements and benefits. >> the healthcare thing part' parcel the same, government will give you what you want but -- >> it's a simple equation. the insurance companies have to bet the money to pay out benefits. they're banking on young people to commit -- by the way, sam and jeff are making a very focused effort to get young people to wake up to what is going to happen to them and their children 50 years from now when the well will be dry. this generational theft -- >> the young are getting cynical, maybe because they've been crunching the numbers themselves. politically where does this group good. >> they want to go where there's accountability and a reasonable understanding of the future. >> do the republicans offer that? be very forthright. i'm disappointed in republican leade
look at detroit. a very ominous story there about pensions, about the affordability of pensions, about an exodus of people, two million, down to 700,000 people in 25 years. generational theft. all ties into the same thing, entitlements and benefits. >> the healthcare thing part' parcel the same, government will give you what you want but -- >> it's a simple equation. the insurance companies have to bet the money to pay out benefits. they're banking on young people to commit -- by...
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Sep 2, 2013
09/13
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you want talk about theñr deficits, medicaid and how detroit has all these pension obligations. they only looking at one side of the balance sheet. our tax code is a fricking swiss cheese. >> what gets us all out of this mess is growth, four, five, six percent growth. >> where does growth come from? >> grwéh raise all boats. growth comes from the private sector, a dynamic expansion of the private sector.çó >> absolutely. absolute investment -- look, you look at history, whether it's the 30s, 50s, whatever period you want to pick, there will be no growth, private sector or otherwise, unless there's serious investment in truck and health care -- in frustration and health care. >> you're old enough to remember the 1980s, igrad weighedded high school in 198 . i remember ronald reagan turning homeless people out on the streets. >> get out of here. >> fine with your own opinion but not your facts, ronald reagan loweredñr taxes across te board and stimulated the great e period of pros apart and growth this country has seen since world war ii. >> i think bill clinton would disagree
you want talk about theñr deficits, medicaid and how detroit has all these pension obligations. they only looking at one side of the balance sheet. our tax code is a fricking swiss cheese. >> what gets us all out of this mess is growth, four, five, six percent growth. >> where does growth come from? >> grwéh raise all boats. growth comes from the private sector, a dynamic expansion of the private sector.çó >> absolutely. absolute investment -- look, you look at...
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Mar 18, 2013
03/13
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. >> will unions unhinge detroit? look at this. [chanting] >> neil: the focus of their anger? here. .. alright, bring the model in on the set! work the camera... work it! those hands. oooh la la! what's your secret? dawn? [ female announcer ] dawn hand renewal with olay beauty improves the look and feel of hands in 5 uses. love it, or get double your money back. [chanting] >> right to work has got to go." >> neil: they can chant but the michigan governor rick snyder says, guess what, right to work is still on and he doesn't care how much it ticks these folks off. think they can get nasty? wait until you have the gov when he gets going on your world, because governor rick snyder is here and only here. meanwhile, out of work? better stand in line because you have plenty of company. unemployment rates jumping in half of all states and the district of columbia. why is the main stream media saying the jobs are looking hunky-dory in the united states. scott says because they're biased and clueless. there's a disconnect. >> yeah. neil, look. i'm a data guy. we all know the bad number
. >> will unions unhinge detroit? look at this. [chanting] >> neil: the focus of their anger? here. .. alright, bring the model in on the set! work the camera... work it! those hands. oooh la la! what's your secret? dawn? [ female announcer ] dawn hand renewal with olay beauty improves the look and feel of hands in 5 uses. love it, or get double your money back. [chanting] >> right to work has got to go." >> neil: they can chant but the michigan governor rick snyder...
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Apr 23, 2013
04/13
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at it the samsung, the detroit, even the blackberry that is back. so until they fix that problem, a buyback, dividend like last year, great for the short-term, put the long-term issues remain. >> neil: until that hints of the dick tracy wristwatch or the cool stuff that everybody looked forward to from steve jobs. is that still the problem, they've run out of all his goodies he had backlogged. >> the big knock on apple right now in terms of how the street looks at the company, there's been a lack of innovation under tim cook's leadership. that may or may not be fair because we don't know what is coming down the pike. investors have gotten accustomed to innovation after innovation, but most of the recent innovations over the last 12 months have one really not re-inventions of technology but tweaks to technology. on the part of the phone segment, you have microsoft phone getting market share, blackberry, samsung is crushing it. there's a lot of competition in that space. so, the company that comes out with the new innovation is going to be the cool ki
at it the samsung, the detroit, even the blackberry that is back. so until they fix that problem, a buyback, dividend like last year, great for the short-term, put the long-term issues remain. >> neil: until that hints of the dick tracy wristwatch or the cool stuff that everybody looked forward to from steve jobs. is that still the problem, they've run out of all his goodies he had backlogged. >> the big knock on apple right now in terms of how the street looks at the company,...
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Jan 16, 2013
01/13
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about gang violence, what he is going to do about drug violence, the high murder rate in chicago and detroit -- none of this will any impact. >> neil: do executive actions like this hold up? when franklin roosevelt, passed the supreme court, they said you went too far. how long does it take and what is the process? we have two dozen executive actions taken today. how many and how long get undone? >> roosevelt proposed legislation and his own democratic house and his own vice president, former speaker of the house -- obama doesn't believe in legislation. i believe it's unconstitutional. the attempt to compel private citizens to report on private citizens under the guise it my save a child. we could deputize anybody on that. >> neil: maybe by blitzing this out today, he made it more difficult for guys like you to pick him apart. he may say, well, the majority nd i'm going to win.g to get >> i would say half of these absolute crap, just p.r. junk that he put together with his cabinet -- i'm ordering on you to do a report. why doesn't he do it? those aren't the ones that bother me. i'll give you
about gang violence, what he is going to do about drug violence, the high murder rate in chicago and detroit -- none of this will any impact. >> neil: do executive actions like this hold up? when franklin roosevelt, passed the supreme court, they said you went too far. how long does it take and what is the process? we have two dozen executive actions taken today. how many and how long get undone? >> roosevelt proposed legislation and his own democratic house and his own vice...
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Jun 26, 2013
06/13
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state is no stranger to finance problems that have bedeviled its governor and this on the heels of detroit all but in bankruptcy. they are pro pairing -- preparing for a possible down grade. we will keep you updated. >>> and meantime there is a firestorm of mexico blasting putting up more fencing and guards along the border. you have to get tough, so tough. i guess i am not surprised, but they were pretty vocal about it. >> yes, and we don't need to ask mexico or any other country not only to protect our country, but to secure our borders. most nations around the world actually use their military. this latest proposal by the senate to add 20,000 additional u.s. border patrol agents is not militarizing the border. >> you like the proposal. you think this is a step in the right direction? >> i don't. >> oh you don't? >> i am against the senate gang of eight. i believe the house offered by gave raw tee -- garrify and goodlat is the way to go. enforce our laws before we get down this path. i disagree with senator mccain and lyndsay graham and all of these senators who are doing a cart wheel an
state is no stranger to finance problems that have bedeviled its governor and this on the heels of detroit all but in bankruptcy. they are pro pairing -- preparing for a possible down grade. we will keep you updated. >>> and meantime there is a firestorm of mexico blasting putting up more fencing and guards along the border. you have to get tough, so tough. i guess i am not surprised, but they were pretty vocal about it. >> yes, and we don't need to ask mexico or any other...
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Aug 6, 2013
08/13
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when they come back from vacation, we will find that detroit is still looming, maybe chicago will be worse, illinois, all those problems are still going to be there and a whole lot more debt to deal with. we have done little. that window is closing and talk is cheap. we have done little to address the national problems. >> amazing, buddy, thank you very much. >> the news corp. organization thanking me, please, i am doing what i can for the mother ship. >>> also want to let you know about billionaires when they buy newspapers, jeff bezos and others, he has some big ideas, then it erupted and fell apart. sam with messages for jeff tonight on fbn and only fbn. you don't get it? >>> hello, i'm andrea tantaros with bob beckel, david webb, dana perino, greg gutfeld. it is 5:00 in new york city. this is "the five." well, he was the only person jailed after terrorists stormed our consulate on 9/11 in benghazi, despite having nothing to do with the attack. the filmmaker has given a new interview, and he says he wants the world to see the truth about islamist extremists. but first, the terror
when they come back from vacation, we will find that detroit is still looming, maybe chicago will be worse, illinois, all those problems are still going to be there and a whole lot more debt to deal with. we have done little. that window is closing and talk is cheap. we have done little to address the national problems. >> amazing, buddy, thank you very much. >> the news corp. organization thanking me, please, i am doing what i can for the mother ship. >>> also want to let...
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Sep 20, 2013
09/13
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about the toyota automakers and hondas and the japanese companies make more cars in this country than detroit did. let's be honest about it. we bailed out gm and gave the company to the unions. we bailed out chrysler and give it to the it tallans. no offense but i'm not sure why we did that. so -- >> neil: suddenly we're antiitalian. >> i think the real deal today is the president sees ford, this all-american stamp to it, people really appreciate they did not go to the american taxpayer, missouri is going to be a big battleground next year for right-to-work. they're trying to get the message in there, but it's a false message. i honestly believe that the private sector would have stepped up and fund gm the way bankruptcies were funned in the past. >> neil: we'll never know. with the doom and gloom arguments, if you don't know how close we were, the question, when did you stop beating your wife? that leaves people wondering what-if, and after all these bailouts, we'll never know. my point is, selling something on fear never solves anything. >> if you give tens of billions of dollars to any ind
about the toyota automakers and hondas and the japanese companies make more cars in this country than detroit did. let's be honest about it. we bailed out gm and gave the company to the unions. we bailed out chrysler and give it to the it tallans. no offense but i'm not sure why we did that. so -- >> neil: suddenly we're antiitalian. >> i think the real deal today is the president sees ford, this all-american stamp to it, people really appreciate they did not go to the american...
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Sep 10, 2013
09/13
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it matters a lot if the biggest city in the country goes the way of detroit, and if you listen to these candidates on the democratic side, they're looking to send money like crazy. bill deblagow is in the lead and is more liberal than david den kins. you look at which is -- >> neil: why should investors fear? >> taxes and who knows what type of agenda he -- >> neil: he wants to good after the big guys. >> yes. more money from them, taxes from the people that create wealth in the city. this city has enjoyed a stretch now of pretty low crime, and pretty good finances, even though we had 9/11 and a crash in 2008, and the banks did get bailed out by the federal government. >> neil: he says they can afford to do more. they can afford to help out the city that has been so good to them. >> push on that string too much and people start moving to new jersey and connecticut and hide their income. it happened in the '70s when the city was dysfunctional and crime was out of control. he wants to take the city so far left, further left than what david denkins did. and is trickles down to the poor peo
it matters a lot if the biggest city in the country goes the way of detroit, and if you listen to these candidates on the democratic side, they're looking to send money like crazy. bill deblagow is in the lead and is more liberal than david den kins. you look at which is -- >> neil: why should investors fear? >> taxes and who knows what type of agenda he -- >> neil: he wants to good after the big guys. >> yes. more money from them, taxes from the people that create...
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Jul 31, 2013
07/13
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because i think it doesn't help our country to send money to egypt particularly when we have cities like detroit and chicago decaying in our country that i don't think we have money to be sending overseas and so i offered to try to obey the law that says when a military coup happens you have to stop funding, then that money could be used for some bridge projects in our country and to help infrastructure when we desperately need it. so we have a disagreement on that. that doesn't mean i don't respect john mccain as a war hero and i try to keep things on a less personal way, less personal kind of a battle and i think with governor christie it's gotten a little too personal, so we're ready to kiss and make up. >> all right, it doesn't look at this point, sir, like he is and the gimme gimme thing i guess is what stuck in his craw. this was yesterday and you responded in a sense but i do want to you hear the full comment from governor christie from yesterday and your response to it. governor christie. >> senator paul wants to start looking at where he's going to cut spending to afford defense? maybe
because i think it doesn't help our country to send money to egypt particularly when we have cities like detroit and chicago decaying in our country that i don't think we have money to be sending overseas and so i offered to try to obey the law that says when a military coup happens you have to stop funding, then that money could be used for some bridge projects in our country and to help infrastructure when we desperately need it. so we have a disagreement on that. that doesn't mean i don't...
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Oct 9, 2013
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i think you were talking to the detroit economic club. and in your remarks you said if you had to start home depot today you couldn't do it. in this environment you couldn't do it. explain. >> neil, it's actual factual by the way it's not an emotional feel i'm saying it because i'm not happy with the economy. it's not frew: if i had half hour sarbanes signed by republican president, it has to do with dodd frank because qui didn't have a lion of business when we started our business. we had a wang -- banker in california. he gave us a line of credit. even with lango on the board. >> neil: ken lango. >> we couldn't find a banker. in today's regulators not allow a bank tore give the kind of loan with the balance sheet we h we wouldn't have been open. >> you mentioned how tough it is with the rules and regulations. one thing i love in your speech is you step back, we have been through worse. you said we overcame the slavery with the civil war. we survived the great depression. we beat the nazi menace. we survived global warming, too. we even
i think you were talking to the detroit economic club. and in your remarks you said if you had to start home depot today you couldn't do it. in this environment you couldn't do it. explain. >> neil, it's actual factual by the way it's not an emotional feel i'm saying it because i'm not happy with the economy. it's not frew: if i had half hour sarbanes signed by republican president, it has to do with dodd frank because qui didn't have a lion of business when we started our business. we...
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May 1, 2013
05/13
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we're also monitoring events in chicago, detroit, and also in denver. but this one here in seattle is the one that has garnered most of the attention because of what happened last year and also because there seems to be a fairly large anarchist movement in the pacific northwest. go back to 1999, the wto when anarchists caused a lot of violence in seattle. neil? >> neil: thank you very much for that update there. also want to let you know about these may day protests. this is a common theme. it's really going on throughout the world. there have been protests movements in paris, london and rome. we're going to keep a close eye on this. in fact, tonight on fox business, we're going to break this down where these tend to be the most heated. generally in areas where the government has cut back the most, or cut back benefits that workers have gotten used to the most. so obviously no accident or no coins dents there. but -- coincidence. but why it gets bigger and badder potentially every year, now the governments the world over has been cutting back, especiall
we're also monitoring events in chicago, detroit, and also in denver. but this one here in seattle is the one that has garnered most of the attention because of what happened last year and also because there seems to be a fairly large anarchist movement in the pacific northwest. go back to 1999, the wto when anarchists caused a lot of violence in seattle. neil? >> neil: thank you very much for that update there. also want to let you know about these may day protests. this is a common...
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Feb 6, 2013
02/13
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problem that a lot of governments, state governments and also some big industries ran into such as detroit where they're paying these pensions as if these hey days are going to last forever, and they're imagining they're never going to get competition because they have these laws protecting them from mail competition, but then something called e-mail comes along, and all of a sudden they have much cheaper competition and they can't afford to pay the pensions. it's always the pensions, much more than the salaries, it's the pensions and benefits that do in organizations. >> tim, they're going to put about $16 billion on the taxpayer. now, the left likes to say no, it's not the taxpayer because it's not a taxpayer -- it's not on budget, but here's what happens. the postal service has a letter of credit with the treasury. they he go to the treasury and say i need $16 billion to pay my bills. they give it to them, and the postal service gives the treasury an iou. if the postal service defaults, who is on the hook for the money, year after year of billions? >> obviously eventually the taxpayers
problem that a lot of governments, state governments and also some big industries ran into such as detroit where they're paying these pensions as if these hey days are going to last forever, and they're imagining they're never going to get competition because they have these laws protecting them from mail competition, but then something called e-mail comes along, and all of a sudden they have much cheaper competition and they can't afford to pay the pensions. it's always the pensions, much more...
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Jan 15, 2013
01/13
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. >> we refuse to let detroit go bankrupt. i bet on american workers and ingenuity and three years later, it's paying off in a big way. >> neil: you know, i remember that vividly. fiat, the italian automaker scooped up china. but the bailouts for criseler and g.m. were never sold under the notion that business would be shipped to china and for that matter, a lot of plants and jobs would be lost. we knew that had to happen in a structured bankruptcy. the difference here was it wasn't sold that way at a taxpayer finance bankruptcy. >> a coup of things to know. g.m. and chrysler did go through bankruptcy. it was just a bankruptcy where the obama administration put them on the scpail put creditors ahead of others, crobe crony capitalism, paying the uaw. it wasn't supposed to cost us money -- >> neil: but it had been billed as a lot of jobs are going to be lost there, a possibility one would be sold to a fern concern and move jobs overseas, it would never, never, ever have passed. >> t.a.r.p. would never have passed. i say all of t
. >> we refuse to let detroit go bankrupt. i bet on american workers and ingenuity and three years later, it's paying off in a big way. >> neil: you know, i remember that vividly. fiat, the italian automaker scooped up china. but the bailouts for criseler and g.m. were never sold under the notion that business would be shipped to china and for that matter, a lot of plants and jobs would be lost. we knew that had to happen in a structured bankruptcy. the difference here was it wasn't...